Struktur Modal dan Profitabilitas Industri Makanan dan Minuman di Indonesia

Abstract

Profitability is important for companies because profitability is the basis for assessing the company's condition. Debt to Equity Ratio is the ratio used to see the effect of the debt ratio on profitability. Operational costs are costs for operational activities that can affect profitability. Current Ratio can be used to compare current assets with liabilities. The rupiah exchange rate is the price of the rupiah against the currencies of other countries. The purpose of this study was to re-examine the effect of liquidity ratios, current ratios, operational costs, and the rupiah exchange rate on profitability. The population for this study were 30 food and beverage companies. While the samples used were 12 food and beverage companies. The sampling technique used is purposive sampling. The data analysis technique used is descriptive statistics, classical assumption test, and multiple linear analysis test. The findings of this study are Debt to Equity Ratio and Current Ratio have an effect on profitability. Meanwhile, Operational Costs and Rupiah Exchange Rate do not affect profitability.DOI: https://doi.org/10.26905/afr.v5i2.7541